Fantom Crypto News
What is Fantom crypto?
Fantom is a smart contract platform that uses a directed acyclic graph (DAG) rather than a blockchain to support a network aiming at maximizing speed and scalability.
Fantom is a Layer 1 project that uses a single consensus layer to support the creation of multiple execution chains. FTM, the project’s native token, is for payments, governance, and ongoing block rewards sent to validators and delegators who stake FTM. The network’s independent consensus layer, called Lachesis, features a novel consensus mechanism developed by the Fantom Foundation dubbed the “Lachesis Protocol.”
How does Fantom work?
Fantom’s components are modules that can be linked together by dApp developers. All of the platform’s components have stand-alone utilities as well as integration links. They allow clicking together into applications on the Fantom smart contract platform at a low cost. These modules include data storage, computation power, consensus mechanism, and more.
Fantom is a full-service blockchain platform that provides the resources required to develop dApps. Fantom provides an easy-to-use interface for developers, so they don’t have to build their own blockchain or develop custom code. And Fantom uses multi-party computing to ensure transactions are performed reliably and instantly.
Fantom Network helps developers by eliminating the trade-offs of traditional blockchain platforms. With the main purpose to create high-performance applications that meet all of their goals.
Where to buy Fantom crypto?
On the official website of Fantom Foundation, you can find a full list of the exchanges that support FTM.
How to add Fantom to Metamask?
To add Fantom to MetaMask, you need to log in to your MetaMask wallet and add a new network.
In the network fields, you need to enter Fantom’s network name, RPC URL, chain ID, symbol, and blockchain explorer URL.
You can get this information on the Fantom docs website.
The network that you want to use is the Fantom Opera network (Fantom mainnet).
After you’ve added the Fantom network to MetaMask, you’ll be able to send and receive FTM tokens.
Is FTM a good investment?
The Fantom Network is a next-generation, highly scalable blockchain platform. It uses a bespoke variety of proof-of-stake algorithms to provide services and secure its network. FTM is also using as a governance token.
We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Genki Integration with Fantom on GenkiBox and Genki Network.
Genki is a web 3.0 marketing influence network for projects and influential individuals. They successfully launched their first...
Phuture Integration with 0x API, to have access to all major exchanges on each blockchain they support.
Phuture builds crypto index funds to make investments simple and accessible to...
iGain Finance Expansion to Fantom Network, in supporting the same robust DeFi products that are familiar with.
iGain IRS, for instance, was conceived with the idea of ensuring stability...
Kenshi VRF and Indexing Services are now live on Fantom Network.
Kenshi is a tech company interested in the blockchain technology and distributed systems, as well as a token on the BNB...
myMessage Partnership with Port3 Network — social data Gateway to Web3 in co-building a Web3 based social network with privacy persevering and secured data utilizing.
By integrating into...
Runic Finance is launching on Fantom, a decentralized protocol with swaps, liquidity, and elastic supply tokens.
The protocol takes a new approach to defi with taxation, oracles,...
Fantom Partnership with Mapleblock Capital, to support projects building on the Fantom blockchain.
The partnership aims to provide a significant funding boost to the Fantom ecosystem,...
Bondex Collaboration with Fantom Network, to enable the building of infrastructure and applications for Web3.
Bondex is a Web 3 Professional Network focusing on disrupting the demand and...
Data Lake Partnership with WeFund — a community crowdfunding and incubation launchpad for projects built on blockchain.
Not just advisors, WeFund has already been helping DataLake to...
Noku Integrates Chainlink VRF to Help Randomly Distribute Daily Rewards To Crypto Heroes Players.
Noku now have access to a tamper-proof and auditable source of randomness needed to help...
Moonpot DApp integrates Rice Wallet – RICE Wallet has officially integrated Moonpot DApp in 2 networks of BNB Smart Chain and Fantom.
Moonpot is a win-win Savings and GameFi Platform...
Takepile partnership with Balance Capital – Takepile will be integrating USDB, the Swiss Army Knife of stablecoins, at the launch of the Takepile Protocol on the Fantom network.
USDB...
DeNet partnership with GTON Capital — this will help both projects further develop decentralization and transparency — the core values of Web 3.0.
One of the main problems of Web 3.0 is...
AOT Partnership with ChimpDao, the first decentralized autonomous organization (DAO) based on a community.
ChimpDAO is a community-centric project that utilizes DAO and merges the powerful...
DIA Partnership with GTON Capital to provide a more reliable and secure data on GTON Network.
GTON Capital will integrate DIA’s transparent and reliable data and oracle infrastructure into...
Sturdy Finance Integrates EPNS to provide Sturdy’s users with real-time information regarding liquidations and interest rates.
Why EPNS? On one hand, Content Producers & Businesses...
Revest Finance Introduced the Resonate, the solution to the biggest problems of DeFi.
Using Resonate, DAOs can trade time for money, offering up-front payouts on yield in exchange for the...
RoboVault Upgrades to Chainlink Keepers — RoboVault has upgraded its smart contract automation solution to Chainlink Keepers on Avalanche mainnet and will be integrating this solution on...